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kristen welker, good evening. >> reporter: good evening, president obama tried to sell his plan in the suburbs of philadelphia today. it is a tactic he thinks has worked in the past, but it did very little to sway the congressional republicans. president obama turning up the heat on republicans. >> hello, hatfield. >> reporter: taking his case for higher taxes on the wealthy to pennsylvania today. >> i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: speaking at a factory, mr. obama argued that if congress can't get a deal, taxes will rise about $2,000 average for a family. of coal you get for christmas, that is a scrooje christmas. >> let's not kid ourselves. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong approach. >> reporter: bolder by his re-election, and criticized for being soft on re
kristen welker, good evening. >> reporter: good evening, president obama tried to sell his plan in the suburbs of philadelphia today. it is a tactic he thinks has worked in the past, but it did very little to sway the congressional republicans. president obama turning up the heat on republicans. >> hello, hatfield. >> reporter: taking his case for higher taxes on the wealthy to pennsylvania today. >> i don't think it is acceptable to you for just a handful of republicans...
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Nov 30, 2012
11/12
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the white house has released this video of bo, the obama family portuguese water dog. he can be seen going from room to room sniffing out the holiday decorations, including that toy replica of himself. just wish we knew what bo was thinking, probably though approved of the decorations. >>> and this youtube video shows how this power tool on your holiday gift list can help you eat more vegetables. don't try that at home. that's an entire ear of corn in ten seconds. that's what we call power eating. just wrong. it's 8:04 right now. let's go outside right now and al has a check of our weather. >> that corn thing is awesome! wow. got a lot of gallons from texas. having a good time? >> yes. >> very nice. let's check it out and see what we've got for you today. out west, again, big problems as we got that pineapple express bringing plenty of moisture. it is just going to keep pushing rain in over the next 72 hours. rainfall amounts as much as 15 inches of rain, especially in northern and central california and snowfall amounts from the saw tooth, cascades mt. safetya, sierra
the white house has released this video of bo, the obama family portuguese water dog. he can be seen going from room to room sniffing out the holiday decorations, including that toy replica of himself. just wish we knew what bo was thinking, probably though approved of the decorations. >>> and this youtube video shows how this power tool on your holiday gift list can help you eat more vegetables. don't try that at home. that's an entire ear of corn in ten seconds. that's what we call...
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Dec 4, 2012
12/12
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house that was a plus for coal stocks, and a negative if it was president obama? > > i think you saw that across the board in that sector, though i will say that wlt really started falling much before the election, much before november, and then just kind of an accelerated down to this $30 level. > we have been talking about china in the show today, and it turns out that yum! brands is actually kind of a china play out there. > > it really is. > what do you see in the charts for yum! brands? > > yum! brands is almost a bellwether or the benchmark for that sector in china. in fact, yum!, almost 50% of their revenues and profits come from china. they just lowered their guidance. just a few days ago they lowered their guidance going in for next year. is it just a slowdown for the macro china economy, or is it really just specific to yum!? we saw yum! really top out last week around that $72, $73 level, and it backed off almost 10%. it's trading around $67, which was somewhat of a support. it has tried to rally off that, but not with much success. i really would look
house that was a plus for coal stocks, and a negative if it was president obama? > > i think you saw that across the board in that sector, though i will say that wlt really started falling much before the election, much before november, and then just kind of an accelerated down to this $30 level. > we have been talking about china in the show today, and it turns out that yum! brands is actually kind of a china play out there. > > it really is. > what do you see in the charts...
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Dec 1, 2012
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white house with mitt romney. they were at the white house, yeah. it was an awkward moment when romney looked around and said, so, how much do you want for the place? >> good stuff there. >>> i'm surprised they had white chicken chili. you have the guy over and you serve chicken chili and chicken salad. >>> you know the saying, bo knows christmas. actually, i just made that up. >> i never heard that saying, but watch this. ♪ this i have to say one of my favorite holiday
white house with mitt romney. they were at the white house, yeah. it was an awkward moment when romney looked around and said, so, how much do you want for the place? >> good stuff there. >>> i'm surprised they had white chicken chili. you have the guy over and you serve chicken chili and chicken salad. >>> you know the saying, bo knows christmas. actually, i just made that up. >> i never heard that saying, but watch this. ♪ this i have to say one of my favorite...
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>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the san francisco bay area. and this, take a look at it, one of the hardest hit regions, vineyards all over napa valley under water right now. >> a much dryer day is on tap across northern california, but just after midnight, get this, a fourth st
>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow...
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Dec 1, 2012
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i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and so forth. i'm not sure that solves the problem. >> sean: were you so clear in this book that he blew an opportunity. you are right, he's out campaigning. the problems exist. he's put -- doubled the amount of taxes he wants in terms of -- [ talking over each other ] >> i agree. >> sean: and he wants a blank cheque. where is the criticism of him? i believe you are sincere. where is your criticism that he needs to jump in and lead? >> he does. god knows let's hope he does. because in -- i mean the democrats are living on a fantasy here also. i talked to some of them, they say if this blows up, if we go over the cliff, we'll be able to blame the republicans. that is not true this is the obama era. i asked people and i'll ask you, who was speaker of the house during the great depression? i'll give you $100 if you can name him? henry thomas rainy, no one
i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and so forth. i'm not sure that solves the problem. >> sean: were you so clear in this book that he blew an opportunity. you are right, he's out campaigning. the problems exist. he's put -- doubled the amount of taxes he wants in terms of --...
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Dec 5, 2012
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we have zero dark 30, the movie, the critic laud for it lauds obama. will we get a obama film? maybe if they make president bush president again. we can't blame susan rice because she is black. insidious racism perpetrated by white lib who see skin color instead of achievement. go after clapper. a white male, no one cares about him. will that satisfy chris ma chews? they no longer speak truth to power. only thing is the what they spring from, a clown car with those who can stare at dead americans and say ahh. i've never seen so many hacks try to kill a story. if life was an obama dinner party, benghazi is the smelly homeless guy everyone wants to bounce. dana, this is your favorite story, as mine. how can the media continue ignoring this? will they? 'canes yes. >> greg: good answer. okay, eric? >> dana: but i do think because of this story there will be a couple of things that happen. one will be that rice will not be named secretary of state. and two is i hope and you saw op ed in the "wall street journal" today about security at diplomatic missions around the world. they have
we have zero dark 30, the movie, the critic laud for it lauds obama. will we get a obama film? maybe if they make president bush president again. we can't blame susan rice because she is black. insidious racism perpetrated by white lib who see skin color instead of achievement. go after clapper. a white male, no one cares about him. will that satisfy chris ma chews? they no longer speak truth to power. only thing is the what they spring from, a clown car with those who can stare at dead...
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Dec 3, 2012
12/12
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john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama w
john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home...
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Nov 30, 2012
11/12
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in 2008, president elect obama invited john mccain to his chicago offices and mccain got a meeting. and as for mitt romney, he got a meal. the president treated mr. romney to a lunch of
in 2008, president elect obama invited john mccain to his chicago offices and mccain got a meeting. and as for mitt romney, he got a meal. the president treated mr. romney to a lunch of
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>>shepard: they are leaking at white house. it has been leaked to the reuters news agency that on president obama's short list for defense secretary is the republican, former republican senator, chuck hagel. it is interesting that, today, the white house is doing some leaking to news agencies. reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary of state, some time over the next two weeks. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned abo
>>shepard: they are leaking at white house. it has been leaked to the reuters news agency that on president obama's short list for defense secretary is the republican, former republican senator, chuck hagel. it is interesting that, today, the white house is doing some leaking to news agencies. reuters cited an administration official, that is all we know, but chuck hagel is on the short list. and the white house says reuters and us plans to announce the new defense secretary and secretary...
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the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment
the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare....
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Nov 29, 2012
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mitt romney's trip to the white house tomorrow where barack obama is president and mitt romney isn't. that's coming up with jonathan capehart and richard wolffe and the supreme court comes down on the side of the people and against bad cops. that's coming up. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> in the weeks ahead, i also look forward to sitting down with governor romney talking about where we can work together to move this country together. >> that was president obama being characteristically magnanimous so the president will have to fayne -- from the losing republican presidential candidate who will likely never be invited to the white house again by any president of either party. in the spotlight tonight, lunch with mitt. there will be no press, no campaign handlers, no moderators, just the president of the united states and a diluted man who chose someone to head his team on june 3rd, just five
mitt romney's trip to the white house tomorrow where barack obama is president and mitt romney isn't. that's coming up with jonathan capehart and richard wolffe and the supreme court comes down on the side of the people and against bad cops. that's coming up. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> in...
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Dec 2, 2012
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, his policies made it to the white house. you know, it was the exact opposite in just the republicans. some of the red states were some of the poorest states in the country. so i think it is very interesting that when you see average american citizens who happen to be making a little bit more money willing to sacrifice for the good of the country, i think that's a good message and something to get behind and stand on. >> lz, our producers are here, can we keep them over the break? i want to be the mediator, do we have time for that? can we do that? stay on the other side of the break. i'm starting with the republican and the independent and we'll negotiate to see how we can come to some sort of an agreement. don't get mad now, don't be mad. how we can come to an agreement on the fiscal cliff. we'll be right back. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connectio
, his policies made it to the white house. you know, it was the exact opposite in just the republicans. some of the red states were some of the poorest states in the country. so i think it is very interesting that when you see average american citizens who happen to be making a little bit more money willing to sacrifice for the good of the country, i think that's a good message and something to get behind and stand on. >> lz, our producers are here, can we keep them over the break? i want...
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. >> as for the crisis in cairo president obama has made a phone call to mohammed morsi. the white house says he expressed concern about the deaths and injuries of protesters there. r morsi's supporters have been clashing with his opponents. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. >>> john mcafees deportation back to police is being delayed after being hospitalized for chest pains. he's back in a guatemalan jail cell. authorities in belize want to question mac afee about his neighbor's murder. >>> and san francisco health officials are pointing out an increase in meningitis cases among gay men in new york city. over the past year there have been 12 documented cases of the disease among gay men in new york including three new cases in the past six weeks that recently prompted health officials in new york to expand their vaccination recommendations for gay men. health officials say they want to protect san francisco residents who could become infected, especially if they are traveling to new york. >>> well, some babies
. >> as for the crisis in cairo president obama has made a phone call to mohammed morsi. the white house says he expressed concern about the deaths and injuries of protesters there. r morsi's supporters have been clashing with his opponents. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. >>> john mcafees deportation back to police is being delayed after being hospitalized for chest pains. he's back in a guatemalan jail cell....
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president obama did talk about climate change in his election night speech. there are signs that he thinks about this as kind of a legacy issue. he's someone who cares a lot about his legacy. this would be sort of a decade, century-long issue that would cement his place. >> ifill: we'll see what he does next, if anything. thank you so much. >> thanks for having me. >> brown: again, the major developments of the day: house republicans made a counter-offer on how to avoid the "fiscal cliff." it calls for $2.2 trillion in savings over ten years, but no hike in tax rates. and the u.n. announced it's pulling nonessential international staffers from syria, while u.s. officials warned the syrian government not to use chemical weapons on its people. online, an update to a law in saudi arabia renews a debate about male guardianship. hari sreenivasan has more. >> sreenivasan: now whenever a saudi woman leaves the country, her husband or father receives a text message. the recent changes to the long- held system of male guardianship sparked outrage on twitter recently.
president obama did talk about climate change in his election night speech. there are signs that he thinks about this as kind of a legacy issue. he's someone who cares a lot about his legacy. this would be sort of a decade, century-long issue that would cement his place. >> ifill: we'll see what he does next, if anything. thank you so much. >> thanks for having me. >> brown: again, the major developments of the day: house republicans made a counter-offer on how to avoid the...
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the sky near the white house. >>> good evening. i'm jim vance. >> i'm doreen gentzler. president obama said the approaching fiscal cliff will add to the holiday stress for american families. the president did not meet with congressional leaders on the fiscal cliff, instead, he met with a local middle class family. danielle lee joins us from capitol hill. danielle? >> reporter: doreen, president obama said he's highlighting the impact of tax heights on the middle class. there's growing pressure to stop the campaigning and sit down face to face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a m
the sky near the white house. >>> good evening. i'm jim vance. >> i'm doreen gentzler. president obama said the approaching fiscal cliff will add to the holiday stress for american families. the president did not meet with congressional leaders on the fiscal cliff, instead, he met with a local middle class family. danielle lee joins us from capitol hill. danielle? >> reporter: doreen, president obama said he's highlighting the impact of tax heights on the middle class....
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. >>> president obama takes a short time from the white house to go to virginia today, to meet with the middle class family that will feel the impact of the fiscal cliff. as danielle nottingham reports for wjz from washington, outside, groups are turning up the pressure for congress and the president to reach a deal. >> representative maloney. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say
. >>> president obama takes a short time from the white house to go to virginia today, to meet with the middle class family that will feel the impact of the fiscal cliff. as danielle nottingham reports for wjz from washington, outside, groups are turning up the pressure for congress and the president to reach a deal. >> representative maloney. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this...
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first, they said they wanted to make barack obama a one-term president. what are they tried to do now? to some extent the white house as well. host: thank you for the call this morning. here is "the wall street journal." and that peace in "the wall street journal." i want to show you a clip of john boehner talking about his position. [video clip] >> we have a debt problem out of control. we have to cut spending. the revenues we are putting on the table will come from -- guess who -- the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm the economy. host: we are taking your calls this morning on whether members of congress and the presidential compromise or stick to their principles. brian is next from massachusetts on the independent line. caller: good morning. i think the republicans and democrats -- medicare is not paying for itself. it is costing us more than what we pay into it. if you make $1,000, they take $100 of
first, they said they wanted to make barack obama a one-term president. what are they tried to do now? to some extent the white house as well. host: thank you for the call this morning. here is "the wall street journal." and that peace in "the wall street journal." i want to show you a clip of john boehner talking about his position. [video clip] >> we have a debt problem out of control. we have to cut spending. the revenues we are putting on the table will come from...
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but everything we're seeing from the white house and president obama in his messaging and in his trip to pennsylvania on friday suggest that they believe they have the upper hand. they want the negotiations to begin with the allowing the tax breaks for the wealthiest americans to expire. and as doug said, it's true ta public opinion is on their side. public opinion overwhelmingly favors getting rid of the tax breaks for the top 2%. so i think what the white house believes is that the compromise and other areas. not on that topic. >> i want to move on to our next topic, which is burning questions. i'm going to pull a line if the latest article. the quote is some lawmakers will even be greeted with revelers singing politically themed christmas carols in the coming weeks. here's my question, what do you mean? >> that was an article about what some of the liberal groups that support the white house are doing to help push his position on the negotiations over the fiscal cliff. and so what's happening is that you've got groups all over the country, making phone calls, canvassing, getting ou
but everything we're seeing from the white house and president obama in his messaging and in his trip to pennsylvania on friday suggest that they believe they have the upper hand. they want the negotiations to begin with the allowing the tax breaks for the wealthiest americans to expire. and as doug said, it's true ta public opinion is on their side. public opinion overwhelmingly favors getting rid of the tax breaks for the top 2%. so i think what the white house believes is that the compromise...
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president obama is expected to ask congress for $50 billion to help rebuild hard-hit states. the massive super storm killed 130 people in eight states and caused billions of dollars in damage. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and rep
president obama is expected to ask congress for $50 billion to help rebuild hard-hit states. the massive super storm killed 130 people in eight states and caused billions of dollars in damage. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers...
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>> we got an inkling when he met with president obama recently. they talked about security and the economy which is important obviously for the trade relationship between the two nations. president obama's focus is job creation and that's nieto's focus here. the economy will grow faster here than in brazil. but job growth is not what mexicans are hoping for and salaries are stagnant . so it is it a problem to deal with immediately. just looking ahead. what is this president said will be his first act of order tomorrow. when we wake up tomorrow we'll we have more protest and thatwhat will be the reaction be? >> he used his inauguration to out line 13 points of a plan of action. i am not which he would attack first. security and economy are numbers one and two. he mentioned a crime prevention program as well as a number of different hand outs to populations that are in need . he's got a lot on his plate tomorrow as sure. >> you have been there several days and today whampt is your impression of people there and their hopefulness? li would say that m
>> we got an inkling when he met with president obama recently. they talked about security and the economy which is important obviously for the trade relationship between the two nations. president obama's focus is job creation and that's nieto's focus here. the economy will grow faster here than in brazil. but job growth is not what mexicans are hoping for and salaries are stagnant . so it is it a problem to deal with immediately. just looking ahead. what is this president said will be...
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white house reporting president obama will take questions on twitter at 2 p.m. eastern time, about the fiscal cliff all part of the white house's my2k twitter campaign w-9 president drumming up support for taxes on the rich. george hw bush in stabbe condition after receiving stream for a bronchitis-related cough. the 88-year-old has been in the hospital for a week receiving treatment visited by several of his children including former president george w. bush. the royal family getting a new member. the st. james' palace saying they are expecting a baby. the queen and members of the both pams are delighted with the news. the duchess is in the very early stages of pregnancy. those are the head lines. >> oh, that's fun. a royal baby. >> yes, thank you, lauren greern. >> sure. >> to charlie, the president must want fat cats to support the plan to end the fiscal cliff impasse. we have the behind the scene meetings between the executives. >> caught a lot of people by surprise. it was last week where deputy secretary of state, tom nides, went to the city, held a series
white house reporting president obama will take questions on twitter at 2 p.m. eastern time, about the fiscal cliff all part of the white house's my2k twitter campaign w-9 president drumming up support for taxes on the rich. george hw bush in stabbe condition after receiving stream for a bronchitis-related cough. the 88-year-old has been in the hospital for a week receiving treatment visited by several of his children including former president george w. bush. the royal family getting a new...
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obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit before it starts. >> so w
obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a...
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Dec 6, 2012
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president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >> stephanie: and he pointed out, taxes were the centerpiece of the presidential campaign. he ran on a pledge to repeal these tax cuts. 60% of voters backed obama's reelection, a new poll suggests that -- >> including republicans. >> stephanie: yeah, he said republicans would take the bulk of the blame if this happens. i think we're in a strong position. >> i do too. >> stephanie: every time they talk on tv it's like lost lost lost lost you lost. this is the best thing chris, i have read thus far on this. [ ♪ patriotic music ♪ ] >> stephanie: fiscal cliff let's take the plunge
president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >>...
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under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political process to produce more change than if left alone. >>gregg: you can see more of the remarks on "fox news sunday" at the top of the hour. >> extreme weather on the west coast flood advisories in effect for storm ravaged parts of northern california as another storm bringing heavy rain and police and fire officials wanting the napa and russian rivers expected to break their banks. and now, streaming live from northern california. >>reporter: yes, the banks are about to break any moment now, 12 hours ago there was torrential rain it looked to b
under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political process...
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tracy: breaking news, the white house reports that president obama will take questions on twitter at 2 p.m. eastern about the fiscal cliff. all part of the white house my2k campaign with the president drumming up support for higher taxes on the rich. dennis: that will be a fair and balanced asourcement of questions. our parent company, parent corp., details on splitsville, editor and chief of the "wall street journal" is ceo of the print spinoff taking the news corp. name. the video film television properties is fox group and the daily, launched by news corp. last year as the first ipad only newspaper, one of them anyway, closing, rest in peace. ad spending is the canary in the coal mine taking a hit, three ad agency giants reducing forecasts for next year. 4.5%. more sluggish 4.1%, and worldwide, interpublic, most bearish, in half to 3.1% next year, and there's this, the 86-year-old icon of playboy getting hitched on new year's eve to crystal harris who is six decades younger, she's 26. now, that's just wrong unless you're hugh hefner. tracy: she didn't show last time. the second en
tracy: breaking news, the white house reports that president obama will take questions on twitter at 2 p.m. eastern about the fiscal cliff. all part of the white house my2k campaign with the president drumming up support for higher taxes on the rich. dennis: that will be a fair and balanced asourcement of questions. our parent company, parent corp., details on splitsville, editor and chief of the "wall street journal" is ceo of the print spinoff taking the news corp. name. the video...
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. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely humbling experience. >> the police officer said it felt like the right thing to do and nicholas cage said thanks felt like the right thing to do and nicholas cage said thanks for the shoes. captioning funded by cbs >>> welcome to "cbs this morning." democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a week of work here in washington to avert what's
. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely humbling experience. >> the police officer said it felt like the right thing to do and nicholas cage said thanks felt like the right...
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every indication we've had so far is that obama is willing to have that fight for susan rice. the reason is, she goes back to almost day one with the obama presidential campaign and came out of the clinton administration and was one of the first big catches who was not for hillary clinton back in the primary, barack obama remembers. >> molly ball, before i let you guys get out of here. if this thing does play out like some does suspect and john kerry ends up getting nominated to run the pentagon, that makes for a very interesting senate race in the state of massachusetts, once again. >> maybe, maybe not. what people keep forgetting in all of this is that the massachusetts legislature is run by democrats who could always just change the law back so that there's not a special election and it becomes an appointment, again. yes, some dominos falling in massachusetts if senator kerry gets that post, particularly if there is an election, which is the state of the law right now. scott brown expected to run for it and about as strong a republican as you can get in the state of massach
every indication we've had so far is that obama is willing to have that fight for susan rice. the reason is, she goes back to almost day one with the obama presidential campaign and came out of the clinton administration and was one of the first big catches who was not for hillary clinton back in the primary, barack obama remembers. >> molly ball, before i let you guys get out of here. if this thing does play out like some does suspect and john kerry ends up getting nominated to run the...
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stuart: president obama is leaving the white house heading to pennsylvania speaking at a plastics factory near the adelphia pitching his plan to raise taxes on a ridge. markets rose earlier this week when a compromise in the fiscal cliff debate seemed possible and the president made his first offer. i am calling it totally unrealistic slack in the face, dow industrials are up but only nine points higher. we have a report on manufacturing, the chicago p.m. eyes slightly better than last month. verysign licenses internet domain vain did it means, if i wanted to go stuart varney.com, go through them, but puts limits on how much they can charge. that is why stock is down 15%. back in 90 seconds. we are going to see illinois and the pension pipe. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. fi
stuart: president obama is leaving the white house heading to pennsylvania speaking at a plastics factory near the adelphia pitching his plan to raise taxes on a ridge. markets rose earlier this week when a compromise in the fiscal cliff debate seemed possible and the president made his first offer. i am calling it totally unrealistic slack in the face, dow industrials are up but only nine points higher. we have a report on manufacturing, the chicago p.m. eyes slightly better than last month....
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obama goes on the road, look at that video. tim geithner arriving at the white house. capitol hill, dow industrials up 63 points in the early going this there's a morning. recovering investment banker carol roth is here, charles payne is here and nicole petallides on the floor. she looks really angry, on the floor of the stock exchange. new at 10:00, is the mortgage deduction on the table in the fiscal cliff talks, the answer is yes. >> at this point everything is on the table. the challenges you have to question where the limit is. do we want people to the grandfathered in, you don't want anyone to get a new mortgage, we have ridiculously low interest rates, stocks in terms of prices, we don't need it to the grandfathered and the table for the future. stuart: i don't believe anyone is saying abolish the mortgage interest deduction. and a certain amount year is what they were saying. and the interest on it is -- they lower that. charles: there are some people that are derivative. stuart: there is no prayer of that. the details of paul ryan's plan have something to the
obama goes on the road, look at that video. tim geithner arriving at the white house. capitol hill, dow industrials up 63 points in the early going this there's a morning. recovering investment banker carol roth is here, charles payne is here and nicole petallides on the floor. she looks really angry, on the floor of the stock exchange. new at 10:00, is the mortgage deduction on the table in the fiscal cliff talks, the answer is yes. >> at this point everything is on the table. the...
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is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave them -- best example is gave women contraception for their votes. that's potentially -- basically what they said. sununu yesterday or i guess it was tuesday night said that he said the same thing. he was like if you look at this, it wasn't about message. we didn't lose because of message. we lost because -- >> bill: didn't lose because they had a lousy candidate. >> we lost because of the hold-in to obama and what they can give him. >> bill: they're just in denial, right? >> what's interesting about this is with romney specifically has been after that 47% video came out, the pathway romney went throu
is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave...
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>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of conservative radio hosts including laura ingraham. >> imagine if we had down that. [ mocking whining ] >> to the right. >> >> stephanie: the "stephanie miller show" has no information as to whether laura ingraham likes her hair pulled during sex. if she does it's to the right. all right [ inaudible ] go ahead. >> caller: our president is doing so bad, but yet apple wants to move the factory here. >> stephanie: exactly right. unemployment dropped to the lowest in four years. >> caller: yeah, so i mean these guys are all hot wind. they are trying to push the statute of liberty over the cliff, and it is not happening. >> rea
>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of...
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they met privately with president obama over at the white house today. among the governors, the utah republican governor, gary herbert. he's joining us now from capitol hill. governor herbert, thanks very much for coming in. take us inside that room, if you can. what did you learn from that meeting that you didn't know going in? >> i don't know if we learned a lot different, but it was nice to have the governors invited to be in the room. we sometimes have been ignored and underappreciated. and i think we have something to offer to help them solve some of the policy issues. >> are you more or less confident that we will avoid going over the fiscal cliff? >> i've got some concerns that they're still a ways apart. states are trying to do their part by doing more with less. we recognize it's a shared sacrifice. we're prepared to take less money and we ask to give us more flexibility. we can do more with less as a state. >> what does that mean, more flexibility? explain. >> well, money comes with strings. the more strings, the less flexibility. for example,
they met privately with president obama over at the white house today. among the governors, the utah republican governor, gary herbert. he's joining us now from capitol hill. governor herbert, thanks very much for coming in. take us inside that room, if you can. what did you learn from that meeting that you didn't know going in? >> i don't know if we learned a lot different, but it was nice to have the governors invited to be in the room. we sometimes have been ignored and...
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. >> i think if it would have been a white president -- a white president running against mitt romney, he loses. i think the racial dynamic played a large part in president obama winning. >> that's deep thinking. >> stephanie: that's horribly racist right there. he won a second time because he's black. two landslides. yeah. okay. eric bolling on the 5. a little bob costas bashing. >> i saw this tragedy happen. saturday morning i saw it. i was like how long before someone, someone uses that pulpit to say it has to be head trauma or something else like gun control. i never expected nbc to allow bob costas to come out and do something on their national -- costas is a coward though. he didn't even say he believes this. he said he agrees with ken though. it was his assessment of it. it wasn't even his own thought process. >> stephanie: right. >> agree with someone that is your thought process. if you say that lincoln freed the slaves and i dare say the nfl player was a coward in that situation -- >> stephanie: some people have said worse things on football broadcasts, for instance like rus
. >> i think if it would have been a white president -- a white president running against mitt romney, he loses. i think the racial dynamic played a large part in president obama winning. >> that's deep thinking. >> stephanie: that's horribly racist right there. he won a second time because he's black. two landslides. yeah. okay. eric bolling on the 5. a little bob costas bashing. >> i saw this tragedy happen. saturday morning i saw it. i was like how long before...
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while republicans say that the obama plan is simply absurd, at the same time, the people of the white house are going okay. republicans, what exactly is your plan? >> brian: the white house is asking for a plan? they've indicated they're willing to budge. the plan released in front of them is beyond what he ran on! >> gretchen: that's the plan. the plan released is kind of like in a relationship saying to your husband, you take out the garbage every single day and i'll sit on my butt and do nothing. is that a deal? >> steve: it's a starting point. >> gretchen: maybe. train trestle just collapsed, dumping at least train cars into -- at least five of them into a new jersey creek right now. take a look. you can see the twisted wreckage and a whole lot of smoke. environmental chloride spilling out and that's highly flammable. this is happening in paul grow new jersey across from philly. evacuations underway. 18 people in the area reportedly having trouble breathing right now. we will keep you posted as we learn more about this potential disaster. >> steve: if those chemicals are getting i
while republicans say that the obama plan is simply absurd, at the same time, the people of the white house are going okay. republicans, what exactly is your plan? >> brian: the white house is asking for a plan? they've indicated they're willing to budge. the plan released in front of them is beyond what he ran on! >> gretchen: that's the plan. the plan released is kind of like in a relationship saying to your husband, you take out the garbage every single day and i'll sit on my...
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. >>> the white house releasing this photo of mitt romney and president obama shaking hands during yesterday's private lunch meeting. >> so there was a photo after all. >> released and taken by the white house. the former rivals promised to stay in touch after spending an hour discussing ideas for keeping america competitive. they dined on turkey chili and chicken salad. a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters narrowly approved back in 2008. >> this is a huge move by the court today to find out what they're going to do. >>> an update on the health of former president george h.w. bush. he's in stable condition at a houston hospital. he was admitted a week ago
. >>> the white house releasing this photo of mitt romney and president obama shaking hands during yesterday's private lunch meeting. >> so there was a photo after all. >> released and taken by the white house. the former rivals promised to stay in touch after spending an hour discussing ideas for keeping america competitive. they dined on turkey chili and chicken salad. a source tells cnn there was no talk of a possible role for romney in the obama administration....
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and i would hope the white house would get serious as well. >> is this assessment -- is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and can you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this -- this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to get to a longer range solution on entitlements and tax reform. >> there are a lot of options that are on the table including that one. >> mr. speaker, before the election you were asked whether if obama won, taxes would have to go up. you've made it sound like you would oppose that. now you've -- you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my question is, what -- what message
and i would hope the white house would get serious as well. >> is this assessment -- is this assessment of yours based on the meeting with secretary geithner or your phone call with president obama last night and can you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this -- this assessment i give you today would be a product of both of those conversations. >> how much would you be open to...
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it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way t
it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but...
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the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dan
the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing...
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tastid-light founder, and white castle and fast signs ceo join me on 5:00 eastern on fox business. lori: thompson, thanks. is the stock market pricing in a tumble over the fiscal cliff? losh abet senior economist and market strategist milton miss rought at this breaks it down with tracy and ash. stick around >> gold bars i suppose. >> i would be buying gold bars and real estate. >> under the mattress. >> let it all go. ashley: nothing wrong with those. not at all. >> and on that note --, take it away. ashley: thank you, ladies. as lori just said, drifting along. market up by 11 points. good afternoon, i'm ashley webster. tracy: i'm tracy byrnes. political theater over the fiscal cliff. how a senate battle over the presidential power around the debt ceiling could shape the cliff talks going forward. ashley: apple shares up today, but still down more than 20% from the all-time high less than three months ago. now is the time to buy. is there more downside ahead? all the people wondering about apple. we'll speak to one leading analyst is here soon. tracy: i do my part this holiday sea
tastid-light founder, and white castle and fast signs ceo join me on 5:00 eastern on fox business. lori: thompson, thanks. is the stock market pricing in a tumble over the fiscal cliff? losh abet senior economist and market strategist milton miss rought at this breaks it down with tracy and ash. stick around >> gold bars i suppose. >> i would be buying gold bars and real estate. >> under the mattress. >> let it all go. ashley: nothing wrong with those. not at all....
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they control the house and white house. if they wanted to cut spending at that time, they could have done so. republicans -- they could've done it over every republican objection and they could've gotten everything they wanted. they didn't do that. but i do think it's worth remembering that if you go back 10 years, president bush, and the republican-controlled congress, then acted too expensive for us that were not paid for. the thing that is worse today with obamacare, which i don't think we'll actually get paid for with these sudden efficiencies we will find in the federal government, which the federal government has never found before -- is that wars eventually end. entitlement programs like obamacare go on forever. just for those reasons, i do think democrats are far worse. all of these people have some blood on their hands. greg: you said that americans have been suckered by their government in your column. not only are they still referring to lawmakers, they are the only ones at the table. we are the unwitting cosigne
they control the house and white house. if they wanted to cut spending at that time, they could have done so. republicans -- they could've done it over every republican objection and they could've gotten everything they wanted. they didn't do that. but i do think it's worth remembering that if you go back 10 years, president bush, and the republican-controlled congress, then acted too expensive for us that were not paid for. the thing that is worse today with obamacare, which i don't think...
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with the white house and congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off y
with the white house and congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and...